Tuesday, 21 May 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Fed Minutes Weigh on Dollar, Pound Numb to Brexit Extension
Thursday, 11 April 2019 08:24 WIB | CURRENCIES | YenDolar ASAussiepoundPoundsterling

The dollar held near two-week lows on Thursday as Federal Reserve minutes reinforced dovish policy expectations while the pound held recent ranges after European leaders extended the deadline for Britain to leave the union, averting a no-deal Brexit.

Currency markets are also awaiting a blast of economic data from the world's second-largest economy with March Chinese trade figures due on Friday and first quarter gross domestic product due next week.

The U.S. dollar lacked momentum, with its index against six other currencies hovering near a two-week low, after the minutes from the Fed's last meeting enhancing expectations of a dovish policy stance.

The British pound traded at $1.3095, unchanged on the day and staying in a triangle holding pattern between $1.2945 and $1.3380 during the past month or so.

The dollar index last stood at 96.900, having slipped to a two-week low of 96.823 on Wednesday.

The dollar slipped to 110.95 yen, having fallen 0.68 percent so far this week.

The euro last held at $1.1276, recovering from Wednesday's low of $1.22295, keeping intact its slow uptrend from $1.1183 touched on April 2.

It is up 0.52 percent so far, which will be its first weekly gains in four weeks if sustained.

The Australian dollar stood at $0.7169, having hit a six-week high of $0.7175 as concerns about slowdown in China ease.

Source : Reuters

RELATED NEWS
Sterling Inches Off Lows after Biggest Weekly Drop This Year...
Monday, 20 May 2019 23:22 WIB

Sterling beringsut menjauh dari level terendah sejak Januari pada Senin ini ketika perdana menteri Inggris melakukan upaya terakhir untuk mendapatkan kesepakatan Brexit melalui parlemen sebelum dia me...

Aussie Set For Biggest Rise in 2019 After Shock Election Win...
Monday, 20 May 2019 16:00 WIB

Dolar Australia melonjak pada hari Senin dan berada di jalur untuk kenaikan terbesarnya tahun ini karena investor menyambut kemenangan mengejutkan pemilihan oleh koalisi konservatif Perdana Menteri Sc...

EUR/USD stays under pressure, approaches 1.1150...
Monday, 20 May 2019 14:34 WIB

Sentimen di sekitar mata uang Eropa tetap tertekan pada awal pekan dan mendorong EUR/USD ke pertengahan 1,1100 setelah bel pembukaan di Benua Lama. EUR/USD melihat ke berita perdagangan dan data Spo...

Australian dollar gains after election surprise, yen slips...
Monday, 20 May 2019 08:36 WIB

Dolar Australia mendapat dorongan terhadap greenback pada hari Senin menyusul kemenangan pemilihan mengejutkan oleh pemerintah konservatif Australia, sementara yen sedikit menurun pada pemulihan senti...

Dollar Nears Two-Year High...
Friday, 17 May 2019 23:18 WIB

Dolar AS mendekati level tertinggi dua tahun pada Jumat ini karena Gedung Putih menunda tarif otomatis, sementara ketegangan perdagangan dengan China meningkatkan permintaan untuk aset safe-haven di t...

LATEST NEWS
Saudi, UAE See Sufficient Oil Supplies, Rising Stocks

Oil supplies were sufficient and stockpiles were still rising despite massive output drops from Iran and Venezuela, said OPEC kingpin Saudi Arabia and key producer UAE on Sunday, as oil exporters met in Jeddah. Producer nations discussed how to...

Wall St. Lower as Tech Stocks Sell-Off on Huawei Fallout Worries

U.S. stocks fell on Monday, as Washington's crackdown on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world™s two largest economies. Apple Inc slumped 3.3%,...

European stocks close lower as tech slides on Huawei fallout

European markets closed lower Monday as a U.S. crackdown on Chinese telecommunications giant Huawei weighed on the technology sector. The pan-European Stoxx 600 closed down around 1.2% to 377.46, with technology stocks leading the losses with an...

POPULAR NEWS
Gold lower and risks weekly loss, on upbeat U.S. economic data
Saturday, 18 May 2019 01:10 WIB

Gold futures fell Friday, building on a loss for the week, on the back of a jump in U.S. consumer sentiment and a slightly firmer dollar. June gold...

Hong Kong, Shanghai Shares End Tough Week on a Low (review)
Saturday, 18 May 2019 03:11 WIB

Hong Kong stocks dived on Friday, topping off another torrid week, as investors fret about rising trade tensions between China and the United...

Oil falls for the session, but gains for the week ahead of OPEC committee meeting
Saturday, 18 May 2019 03:04 WIB

Oil futures finished lower Friday, with U.S. prices down for the first time in four sessions, but up for the week, as any potential demand worries...

Gold Claws Up From Two-Week Lows as Dollar, Stocks Point Lower
Monday, 20 May 2019 18:49 WIB

Gold futures prices inched up from the two-week lows hit to wrap up last week, with both the dollar and stocks pointing lower Monday. A narrow...